Federal Minimum Wage
The current federal minimum wage is $7.25 per hour, and has not increased since July 2009. Beginning January 1, 2018, minimum wage rate generally must be paid to workers performing work on or in connection with covered federal contracts of $10.35 per hour and tipped employees performing work on or in connection with covered contracts generally must be paid a minimum cash wage of $7.25 per hour.
Ohio State Minimum Wage Rates
Ohio’s minimum wage increased on January 1, 2018, to $8.30 per hour for non-tipped employees and $4.15 per hour for tipped employees. The minimum wage will apply to employees of businesses with annual gross receipts of more than $305,000 per year.
For employees at smaller companies with annual gross receipts of $305,000 or less per year after January 1, 2018, and for 14 and 15-year-olds, the state minimum wage is $7.25 per hour. For these employees, the state wage is tied to the federal minimum wage of $7.25 per hour, which requires an act of Congress and the President’s signature to change.January 26, 2018 12:00 pm